Charitable Giving Strategies

Charitable Giving Strategies

While there may be a lot of wisdom in the proverb “May your charity increase as much as your wealth,” there can also be wealth in properly planning your charitable giving. This wealth is derived from the economic benefit that can result from tax savings achieved by...
Maureen Wild and Christmas in July

Maureen Wild and Christmas in July

You all met Maureen Wild earlier this year when she wrote about the Capaldi Reynolds & Pelosi Team’s support of the American Heart Association and her personal connection to that cause.  This month she has made us aware of the Robert Wood Johnson campaign,...
Ask Your Accountant August 2019

Ask Your Accountant August 2019

I inherited my mother’s IRA and I’m required to begin taking required minimum distributions (RMDs) this year.  Can I have the withdrawals transferred to a charity and not report them as income? Taxpayers are allowed to donate up to $100,000 ($200,000 for a couple) of...